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PBS
Feb 13, 2013 5:30pm PST
, when he joined the obama administration. during his tenure, he invested in a citi fund that was registered in the cayman islands, well known as an offshore tax haven. republicans pressed lew on the issue at his senate confirmation hearing today. >> my benefit was really very small in the sense that i took a loss when i sold the investment. i always reported all income. i always paid any taxes that were due. i very strongly believe that we should have tax policies that make it difficult, if not impossible, to shelter income from taxation. >> sreenivasan: lew is expected to win confirmation in the full senate. that vote could come late this month. the obama administration is now calling for congress to close gaps in the nation's cyber- security. the president signed an executive order on tuesday, increasing government efforts to share information on threat it also urges voluntary efforts by industry. congress has struggled to reach consensus on the issue due to legal and privacy questions. this was a mixed day on wall street, as stocks searched for direction. the dow jone
Search Results 0 to 5 of about 6 (some duplicates have been removed)